What is Insurtech?
Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a combination of words “insurance” and “technology,” inspired by the term fintech.
Source is Investopedia.com.
InsurTech Express focuses on insurance technology for Life Insurance, Annuities, and related lines of business such as Long Term Care Insurance. The objective is to be a technology and process improvement resource for the industry to benefit carriers, distributors, and solution providers.
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Employee Pooling Operations Readiness COVID-19 Pandemic
Life Insurance Brokerage Agencies and Financial Institutions are making Employee Pooling (EP) as part of their business interruption contingency plan. Business interruption due to the pandemic has made Right-sourcing more important than ever.
Whether your business is interrupted by a virus that affect humans or a virus that affects a business’s systems, our customers have found that a relationship with EP gives them a resource they can count on to bridge gaps caused by large, unexpected events. Over the last couple of months, EP has been called into action.
Read Blog post: EP Operations Readiness Covid-19
ApplicInt’s End-to-End Digital Solution Accelerates the Drop Ticket Process
ApplicInt is an innovative technology leader with the only end-to-end digital solution that includes multi-carrier quoting, eApp, integrated call center platform and digital paramed.
The CallComplete solution snaps easily into any carrier’s call center. It has scripted reflexive interview questions for Part A and Part B. Also, CallComplete can be used remotely as a fulfillment process for ExpressComplete term ticket or any third party ticket platform.
Read Blog Post: ApplicInt’s End-to-End Digital Solution